Alden is a leader in the multifamily affordable housing industry. Since its inception in the fall of 2010, Alden acquired the low-income housing tax credit asset portfolio of Capmark Financial Group Inc. and Centerline Holding Company; bringing its assets under management to $13 billion in value, making ATF the largest affordable housing asset management platform in the industry.
Alden Torch Financial
Alden Torch Financial LLC (ATF) is an investor in, and manager of, real estate assets that have been financed with Low Income Housing Tax Credits.
ATF's Funds Management group currently manages over 160 LIHTC funds with a core focus on tax benefit preservation. The group, comprised of LIHTC experts in fund analytics, tax and compliance, works across disciplines to maximize fund yields, detect problems early, and manage the proper allocation of tax credits and losses to Investors.
ATF's Asset Management divisions are involved in the acquisition and management of tax credit partnerships including those slated for preservation. Asset Management resources include: Construction / engineering staff; Compliance staff; and the Capital Events Group. These groups support Asset Management with the acquisition, disposition, and preservation of LIHTC assets as well as asset refinance and restructuring.
Alden Affordable Holdings
Alden Affordable Holdings LLC (AAH) owns interests in over 18,000 units of multifamily homes for low income families--the portfolio includes assets in California, Texas, Florida, Arkansas, Tennessee, and Delaware.
Good Harbor Management
Good Harbor Management LLC (GHM) was formed in 2016 for the purpose of providing proprietary, multi-family property management services for affordable housing assets, principally owned and controlled by Alden through its affiliates. http://goodharbormgmt.com/